Houston -- April 30, 2010
TPG Software, Inc., a leading provider of financial accounting software and services, today announced that East West Bank, Pasadena, California, has selected TPG Software’s financial accounting suite, the Portfolio Genius System.
East West Bank plans to replace its back office accounting system with a comprehensive straight through processing solution from TPG Software.
“We are very pleased to add East West Bank to our family of California clients. TPG offers the functionalities for accounting, managing risk, and reporting that are critical for banks of East West’s size," said Cory Sokoloski, VP Sales, TPG Software Inc.
East West Bank is a full-service commercial bank serving consumers and businesses worldwide. East West Bancorp (Nasdaq: EWBC) is a publicly owned company with $20.6 billion in assets and is traded on the Nasdaq Global Select Market under the symbol "EWBC". The Company's wholly owned subsidiary, East West Bank, is one of the largest independent commercial banks headquartered in California with more than 130 locations worldwide, including the U.S. markets of California, New York, Georgia, Massachusetts, Texas and Washington. In Greater China, East West's presence includes a full service branch in Hong Kong and representative offices in Beijing, Shanghai, Shenzhen and Taipei. Through a wholly-owned subsidiary bank, East West's presence in Greater China also includes full service branches in Shanghai and Shantou and representative offices in Beijing and Guangzhou. For more information on East West Bancorp, visit the Company's website at www.eastwestbank.com.
TPG Software is a leading software solutions provider for institutional investors including banks, thrifts, credit unions, REITs and broker/dealers throughout the US, Canada, Puerto Rico and the Bahamas. For more information, visit TPG’s website at www.tpgsoftware.com.